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Owner Contacts

$246,000

12111 De Forrest St, Houston, TX, 77066

Off Market

3 Beds

2 Bath

1,698 Sq Ft

Single Family Residence

$105.95 / sqft

Built in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size8,821 sqft

Building Information

Year Built1977

Stories1

Garage Spaces2

Land Information

APN1087170000007

Lot Number7

SubdivisionFountainhead

Land UseResidential

Legal DescriptionLT 7 BLK 17 FOUNTAINHEAD SEC 2

Census Tract551201

Assessed Land Value$60,953

Assessed Improvement Value$138,906

Assessment Year2025

About this property

Highest & Best Offers due by 5pm on 3/6/21 - BLOCKING SHOWINGS AFTER DEADLINE* Modest single-story home featuring mature trees and no back neighbor for added privacy! Inside, you'll find crown molding, a digital thermostat, and tile flooring throughout including wood-look tile in the spacious living room that has a brick fireplace, an exposed beam accept ceiling, and built-ins! The island kitchen has wood-look laminate counter-tops, ample cabinet space, double ovens, a dining area, and access to the utility room! The master suite offers two walk-in closets, and both secondary bedrooms are carpeted. Enjoy the pool-sized backyard space as well as easy access to FM 1960, Beltway 8, Hwy 249, Kickerillo-Mischer Preserve, Willowbrook Mall, and more!

Investor Tools

$246,000

Estimated Property Value

$174,800Estimated Mortgage Balance

$88,205Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,476 /month

Positive

Cash Flow Estimate:

$492 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$329/month

$450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,715

$199,859

2025

$60,953

$138,906

$199,859

Tax History

Year

Tax Paid

Assessed Value

2024

$2,715

$199,859

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$174,800

First

Apr 9, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$157,795

$70,205

30%

64%

$1,049/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,900/mo

$1,499/mo

+$401/mo

9.3%

Learn About the Market: Opportunity in Houston

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From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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